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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Turners Automotive Group
Turners Automotive Group (TRA) investor relations material
Turners Automotive Group AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 summary18 Aug, 2026
Opening remarks and agenda
Emphasis on business integration, data analytics, and lead generation strengthening group performance.
Chair and CEO addressed the meeting, with directors up for re-election also presenting.
Agenda included presentations, shareholder discussion, resolutions, and general business.
Financial performance review
Achieved record results with revenue of $451.2M (+9%) and normalised EBIT of $70.6M (+14%).
Reported net profit before tax was $55.7M (+3%), and normalised NPBT was $63.2M (+16%).
Finance division saw 27% loan book growth in FY 2026 and 7.5% growth in the first four months of the current year.
Insurance division achieved record profit, with strong premium growth and expanding digital channels.
Credit management revenue fell 17% and segment profits dropped 49% due to temporary bank referral holds, but recovery is underway.
Dividend announcements
FY26 dividend increased to 33.0 cps, continuing a 12-year growth trend (CAGR 10.5%).
Directors declared a final dividend of 9.0 cps, fully imputed.
Dividend Reinvestment Plan to be assessed case by case.
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Latest events from Turners Automotive Group
- Record FY26 profit and revenue growth, strong dividends, and accelerated strategic targets.TRA
H2 2026 - Record earnings, strong dividend growth, and strategic expansion drive future targets.TRAInvestor presentation
- Record profit, rising dividends, and strategic expansion drive strong outlook for FY26 and beyond.TRAInvestor presentation
- New $100M NPBT target by FY31, with growth led by network expansion and platform integration.TRAInvestor presentation
- Record profit up 13% with strong segment growth and positive outlook for full-year NPBT.TRAH1 2026
- Record profit, dividend growth, and strategic expansion highlighted; all resolutions passed.TRAAGM 2025
- Record profit and strong Finance/Insurance growth offset Auto Retail weakness; outlook remains strong.TRAH1 2025
- Record profits, higher dividends, and strategic investments drive robust growth outlook.TRAAGM 2024
- Record profit, rising dividends, and strong segment growth set up accelerated future targets.TRAH2 2025
Next Turners Automotive Group earnings date
H1 202718 Nov, 2026
Turners Automotive Group
Next Turners Automotive Group earnings date
H1 202718 Nov, 2026
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Frequently asked questions
Turners Automotive Group Limited is a New Zealand-based company engaged in the automotive retail, finance, and insurance sectors. The company operates through several divisions, including vehicle sales, finance, and insurance services, primarily catering to the New Zealand market. Turners Automotive Group sells a variety of pre-owned vehicles through its dealerships and online platforms. Additionally, the company provides financing solutions and insurance products tailored to individual and business vehicle buyers, along with asset management services. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.